(MURFREESBORO) Gas prices in the southeastern U.S. moved in opposite directions during the past week. Murfreesboro discounters started the week lower, in fact--the 'Boro is back in the "lowest" Tennessee price. While pump prices moved lower in Georgia and Tennessee, they quickly climbed in Florida.
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Gas prices in Tennessee declined 2 cents last week. The state average of $2.63 per gallon is the 9th-lowest in the nation. Sunday's state average is the same as last month, yet nearly 50 cents more than this time last year.
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- The most expensive gas price averages in Tennessee are in Jackson ($2.69), Nashville ($2.68), and Memphis ($2.65)
- The least expensive gas price averages in Tennessee are in Murfreesboro ($2.52), Kingsport-Bristol ($2.55), Chattanooga ($2.56), and Johnson City ($2.58)
"Strong demand pushed gas prices higher in some states last week, as families squeezed in one final vacation before the kids go back to school," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "However, the most recent figures from the EIA show gasoline demand is beginning to slip, which relieves some of that upward pressure on prices at the pump.
"Traditionally, gas prices decline in the second half of the year, due to lower demand," Jenkins continued. "However, oil analysts forecast significant volatility in the oil market through the end of the year, leaving a big question mark for the long-term direction of prices at the pump."
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